An average gallon of gas in Florida on Monday showed a continued decline, hitting $4.02, the lowest it had been this month.<\/p>\n
But that is expected to change after talks in Pakistan failed to bring any agreement forward to end the war and President Donald Trump announced Sunday morning the U.S. Navy would blockade ships from entering or exiting the\u00a0Strait of Hormuz.<\/p>\n
The strait is a key chokepoint for the global oil trade, with 25 percent of seabound oil traversing the endpoint of the Persian Gulf and into open waters in 2025, according to the International Energy Agency.<\/p>\n
\u201cAt some point, we will reach an \u2018ALL BEING ALLOWED TO GO IN, ALL BEING ALLOWED TO GO OUT\u2019 basis, but Iran has not allowed that to happen,\u201d Trump posted Sunday on Truth Social.<\/p>\n
Patrick De Haan, head of petroleum analysis at GasBuddy, posted Sunday on Bluesky that without an agreement or terms with Iran, the Strait of Hormuz is likely to remain under Iranian control, \u201cthus gasoline, diesel and jet fuel prices keep rising due to the likely continued closure of the Strait.\u201d<\/p>\n
De Haan noted that the per barrel cost of crude oil was back over $100 on U.S. and international markets following Trump\u2019s announcement.<\/p>\n
\u201cThe rhetoric is back, markets hate uncertainty, just what Trump gave more of,\u201d De Haan added.<\/p>\n
Florida\u2019s average had been on a slow decline since April 2, when it hit $4.23 a gallon. Still, the average on Monday was $1.12 higher than on Feb. 28, when the U.S. and Israel began attacks inside Iran.<\/p>\n
Across the state, averages Monday ranged from $3.84 a gallon in Bay County to $4.34 in Monroe County. The average in Orange County was $4.02 a gallon. In Duval County, the average was $4.04.<\/p>\n
Diesel in Florida was $5.67 a gallon on Monday, 14 cents lower than a week earlier.<\/p>\n
The national average Monday was $4.13 a gallon.<\/p>\n
The national average for diesel was $5.65 on Monday, 3 cents higher than a week earlier.<\/p>\n
For electric vehicles, the cost per kilowatt-hour at Florida charging stations rounded to 41 cents this past week. The price was 39 cents on Feb. 28. Nationally, the average rounds to 42 cents. The average was 39 cents on Feb. 28.<\/p>\n","protected":false},"excerpt":{"rendered":"An average gallon of gas in Florida on Monday showed a continued decline, hitting $4.02, the lowest it…\n","protected":false},"author":2,"featured_media":65824,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[28],"tags":[1278,102,101],"class_list":{"0":"post-65823","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-strait-of-hormuz","8":"tag-florida","9":"tag-hormuz","10":"tag-strait-of-hormuz"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@iran\/116399470339065235","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts\/65823","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/comments?post=65823"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts\/65823\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/media\/65824"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/media?parent=65823"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/categories?post=65823"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/tags?post=65823"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}